The new $600 1099K threshold is going to be a giant mess. BUT just 1 week before the new year, the IRS announced that the change that the new threshold won't take effect until 2023...at which point it will still be a giant mess. Learn how to make sure that your personal transactions don't end up getting taxed on your tax return this year!

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My first 1099K video:    • New 1099K thresholds! The IRS will no...  

TIMESTAMPS
00:00 IRS delayed the $600 threshold
1:44 Taxable income & new 1099K thresholds
2:39 Is the IRS going to tax personal payments!?
3:34 PayPal
5:08 Venmo
5:44 Cash App
6:02 Zelle
7:16 Will personal transactions be taxed?

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